Question
Lake Sales had $2,200,000 in sales last month. The contribution margin ratio was 40% and operating profits were $160,000. What sales volume does Lake's need
Lake Sales had $2,200,000 in sales last month. The contribution margin ratio was 40% and operating profits were $160,000. What sales volume does Lake's need to yield a $360,000 operating profit? Multiple Choice $2,040,000. $400,000. $2,700,000. $2,560,000.
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Foundations Of Cost Control
Authors: Daniel Traster
1st Edition
0132156555, 978-0132156554
